Bloomberg late last year officially announced they are launching their own fully integrated treasury management system, hailed by some as the most interesting industry development in a decade. But will it live up to the hype, asks Corporate Treasury Manager Nels Mortensen.

Bridgewater Associates has plans to start a new, artificial-intelligence unit next month with a team of six reporting to David Ferrucci, formerly of IBM.

Finance Minister Arun Jaitley announced two drastic reforms in his latest budget, including a new regulatory structure and construction of a ‘smart city’.

Postal Savings Bank of China (PSBC) is to launch an initial public offering (IPO) next year, worth up to $25 billion, according to state-run China Daily. The bank is currently in talks over the sale of a 15 per cent stake to strategic investors for $6 billion.